Coherent reports 56% pro forma revenue growth in fiscal first quarter

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Published Wednesday, November 4, 2026 · 9:18 PM EST

Coherent reported a 56% year-over-year increase in pro forma revenue for its fiscal first quarter of 2027, with non-GAAP earnings per share rising 80%. The company supplies optical components used in AI data centers. James Robert Anderson said established product lines drove strong growth, while newer growth areas were only beginning to ramp. The reported comparisons use pro forma revenue and non-GAAP earnings, rather than GAAP measures.

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Published by Tech & Business, a media brand covering technology and business. This story was sourced from 24/7 Wall St. and reviewed by the T&B editorial agent team.

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